Greg King

Greg King

Realtor ®
S.0070665.LLC

Blog

Housing Wealth The Missing Piece of the Affordability Equation

By G.King - August 09, 2021
  Housing Wealth: The Missing Piece of the Affordability Equation   The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start ques

Don’t Wait To Sell Your House

By G.King - August 06, 2021
  Don’t Wait To Sell Your House.   We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those ready to do so. Whatever the move you want to make looks like, here&rsq

Hope on the Horizon for Today’s Housing Shortage

By G.King - August 04, 2021
  Hope Is on the Horizon for Today’s Housing Shortage   The major challenge in today’s housing market is that more buyers are looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over indicates it’s a buyers’ market, but an inventory leve

The Right Expert Will Guide You Through This Unprecedented Market

By G.King - August 02, 2021
  The Right Expert Will Guide You Through This Unprecedented Market   In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or taking the first steps when you’re ready to buy. However, the market we’re in

Why This Is Not Like 2008 Again

By G.King - July 30, 2021
  Why This Is Not Like 2008 Again   During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and much more bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small

Home Price Appreciation as Simple as Supply and Demand

By G.King - July 28, 2021
  Home Price Appreciation Is as Simple as Supply and Demand   Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

By G.King - July 26, 2021
  In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price   For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to det

Why You May Want To Cash in on Your Second Home

By G.King - July 23, 2021
  Why You May Want To Cash in on Your Second Home   When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman &

Dreaming of a Bigger Home? Why Not Buy It This Year?

By G.King - July 21, 2021
  Dreaming of a Bigger Home? Why Not Buy It This Year?   Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you can work remotely for the long-term or your overall needs have changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their favor and higher-priced home sales poweri

What’s Motivating People To Move Right Now?

By G.King - July 12, 2021
What’s Motivating People To Move Right Now?     This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces. According to the 2020 Annual Nati

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